Trump tariffs - Page 3

April 8, 2025

Retirees Anxious as Trump’s Tariffs Hit 401(k)s and Savings

Market Turmoil Leaves Retirees Concerned About Financial Future Americans nearing retirement and recent retirees are expressing increasing anxiety and frustration as the stock market reels from U.S. President Donald Trump’s escalating tariffs.

April 30, 2025

U.S. West Coast Shipments to Plunge Due to Trump’s Tariffs

Shipments from China to the West Coast of the U.S. are set to plummet next week, as President Donald Trump’s tariffs prompt companies to reduce their import orders. Gene Seroka, executive director

July 10, 2025

Trump Doubles Down on Tariffs With Copper, Brazil Duties

Trump Doubles Down on Tariffs With Copper, Brazil Duties New 50% tariffs set to begin on August 1 President Donald Trump intensified his global trade campaign on Wednesday by announcing sweeping new

UK Economy Surprises with 0.7% Growth, But Challenges Ahead

by Jamie Spencer

Britain’s economy grew more strongly than expected in early 2025, giving a boost to the government and finance minister Rachel Reeves. However, she faces tougher challenges ahead due to her tax hike

May 15, 2025

Toyota Projects $1.3 Billion Loss from Trump’s Tariffs

by Jamie Spencer

Toyota announced on Thursday that President Trump’s sweeping tariffs, including the automobile import taxes, are projected to result in a $1.3 billion loss in profits for April and May. The Japanese-owned automaker

May 8, 2025

Wall Street Declines Amid Tariff Uncertainty

by Jamie Spencer

Wall Street’s main indexes declined on Tuesday as investors faced uncertainty surrounding U.S. President Donald Trump’s tariffs and awaited the Federal Reserve’s interest rate decision. Trump’s announcement of new pharma tariffs set

May 6, 2025

Netflix Hits Record Streak with 11 Consecutive Days of Gains

by Jamie Spencer

Netflix’s Stock Soars to New Heights Netflix is on an impressive winning streak, with its stock trading positively for 11 straight days — the longest positive run in the company’s history. The

May 2, 2025

Rising Tariffs Hit U.S. Shoppers on Temu and Shein

by Jamie Spencer

Consumers are feeling the pinch as U.S. tariffs imposed by President Donald Trump on Chinese goods are pushing up prices on popular e-commerce platforms like Temu and Shein. Rena Scott, a retired

April 30, 2025

Pfizer CEO Discusses Impact of Trump’s Pharmaceutical Tariffs

by Jamie Spencer

Pfizer CEO Albert Bourla voiced concerns on Tuesday about the uncertainty surrounding President Donald Trump’s planned pharmaceutical tariffs, which are deterring the company from increasing investments in U.S. manufacturing and research and

April 29, 2025

U.S. Economy Could Face Recession Due to “Liberation Day” Tariffs

by Jamie Spencer

According to Apollo chief economist Torsten Slok, if President Donald Trump were aiming to engineer a recession by summer, one of the most effective methods would be to announce sweeping “Liberation Day”

April 29, 2025

Japan Records Trade Deficit, But Surplus with U.S. Soars

by Jamie Spencer

Japan’s trade deficit for the fiscal year through March has raised concerns, as it marked the fourth consecutive year of negative trade balances. According to the latest provisional statistics released by Japan’s

April 17, 2025

German Investor Confidence Plummets Amid U.S. Tariffs

by Jamie Spencer

Biggest Drop in German Investor Morale Since 2022 Germany’s investor morale took a significant hit in April, marking its steepest decline since the Russian invasion of Ukraine in 2022. The ZEW economic

April 15, 2025

Goldman Sachs Lowers Targets for Chinese Stock Indexes

by Jamie Spencer

Goldman Sachs Revises Chinese Stock Index Targets Goldman Sachs Group Inc. has once again revised down its targets for major Chinese stock indexes, citing escalating US-China trade tensions. The team, led by

April 14, 2025

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